short-term loans

Increasing costs, late payments, and a slowing economy worry most UK SMEs.

Short-term business loans provide a quick, cost-effective solution to support your working capital and keep your business thriving.

What is a short-term business loan?

A short-term business loan is a loan that’s repaid within a year. It’s ideal for businesses that need a quick cash injection to cover unexpected expenses or to take advantage of short-term opportunities.

Who is a short-term business loan for?

Short-term business loans are suitable for various SMEs, including businesses with seasonal income, those facing unexpected emergencies, and those with extended credit terms for their customers.

What can short-term finance be used for?

Boosting working capital
Expanding operations
Buying equipment and raw materials
Securing bulk-purchase savings
Covering wages, rent, utilities, and business rates
Paying VAT bills
Paying suppliers early to secure discounts

Types of short-term business loans

Small business loans: These are similar to traditional bank loans, with repayment terms ranging from a few months to several years.

Invoice finance: This type of loan provides short-term cash based on your outstanding invoices.
Working capital loans: These loans are designed to help businesses manage their day-to-day expenses.
Merchant Cash Advances (MCA) are flexible and ideal for businesses with seasonal fluctuations. You borrow at a fixed cost, and the repayments are a percentage of your sales made via card terminals. This additional detail could clarify how MCA works.

Advantages of short-term business loans

Quick access to funds
Flexibility in fund usage
No equity relinquishment required
Tailored repayment plans

Your business, your goals. We're here to support you.

Speak to one of our lending experts or apply below.

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